A shift in market structure was caused by the previous low of a bullish structure getting displaced by the body of a candle which formed a fair value gap (FVG) .
Confluences :
1. Market structure shift
2. Fair Value Gap
3. Inverse FVG or BPR
4. AMD which stands for accumulation, manipulation and demand
The market accumulation/ consolidation happened just after the SMS. Then manipulated to the Order block which is the entry , expected to demand down to the next liquidity level
Confluences :
1. Market structure shift
2. Fair Value Gap
3. Inverse FVG or BPR
4. AMD which stands for accumulation, manipulation and demand
The market accumulation/ consolidation happened just after the SMS. Then manipulated to the Order block which is the entry , expected to demand down to the next liquidity level
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.